Stock Investors Needn't Worry About Fed Ending Easy Money

Wells Fargo's Scott Wren argues that the Fed won't change its policy when the economy is far from out of the woods.

Stock investors rarely like surprises but they got one last week when the minutes for the January Federal Open Market Committee were released on Wednesday. The initial interpretation by the market was that a significant number of voting committee members were now in favor of altering the pace of the Fed's bond buying program, which was instituted at the end of last year.

All this strategist can say is "you have to be kidding me." Keep in mind that the Federal Reserve, in a major monetary policy move, decided...